Partners Group Acquires EdgeCore Digital For $1.2 Billion

Partners Group has acquired edgeCore Digital Infrastructure. The equity company revealed that it would fund the $1.2 billion acquisition. The fund will help EdCore develop its existing and future data center facilities. EdgeCore was established in 2018. The data center company is backed by more than $800m of equity from Canada's OPTrust pension fund, Singapore's sovereign wealth fund GIC, and Mount Elbert Capital Partners.

The managing director of Partners Group, Ed Diffendal, said: "Through our thematic investing approach, we found rising demand for data centers in the US as service providers deploy more capacity to support businesses migrating to the cloud. We look forward to building out the platform."

EdgeCore currently operates six data center campuses across the country, across Silicon Valley, Phoenix, and Arizona.